Milton Friedman

Milton Friedman formerly taught economics at the University of Chicago, and is regarded as one of the most influential proponents of neo-liberal market economics.

Friedman argued that the only "corporate social responsibility" is for a corporation "to use its resources and engage in activities designed to increase its profits" without deception or fraud. Friedman argued that "only real people, not artificial people like corporations, can have 'responsibilities.'"

Friedman advocated advocated lifting criminal penalties for using illicit drugs.

Tobacco industry association
INFOTAB members solicted Friedman to participate in the multinational tobacco industry's Social Costs/Social Values Project circa 1981, to slow the decline in social acceptabilty of smoking.

Sourcewatch resources

 * Corporate Social Responsibility

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